FX Counselor Lead

2 weeks ago


London, Greater London, United Kingdom Citi Full time £60,000 - £120,000 per year
Discover your future at Citi

Working at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.

Job Overview

The FX Counselor Lead is a seasoned professional role. Recognized technical authority for an area within the business. Requires significant commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise.

Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables.

Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Responsibilities

  • This role is based within the Citi Global Wealth ("CGW") Capital Markets Group, covering client activity in FX.
  • Generate revenue by selling Foreign Exchange products to CGW clients, both direct-to-desk, and via relationship managers/IC's
  • Provide relevant market updates and insight to clients and stakeholders
  • Price and execute spot, forward, option contracts and FX derivative solutions
  • Calculate and monitor FX credit limit utilization
  • Coordinate with Relationship Managers and FX Sales in the development and implementation of new business initiatives for Foreign Exchange.
  • Call on clients throughout the CGW target market to determine FX needs in order to ensure continuous account penetration and customer satisfaction.
  • Establish and maintain long-term relationships with CGW clients.
  • Maintain a thorough, in depth knowledge of the CGW FX products and services, while keeping up to date on market news and events.
  • Develop a strong working knowledge of all marketplace offerings and the competitions' strengths and weaknesses. Utilize this knowledge to effectively position the CGW in all relevant Industry events.
  • Monitor trends and developments in customer's businesses and in the financial services industry and recommend possible products, strategies and services that can enhance customer relationships, reduce customers FX risk, generate revenues for CGW, and retain and improve the CGW's competitive position in the market.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

  • A good track record of experience in a similar role.
  • Sales and trading experience in financial services and the FX Market.
  • Excellent interpersonal skills to deal with both internal staff and external clients.
  • FX market knowledge and experience.
  • Strong IT skills essential.
  • Strong analytical skills essential.
  • Ability to develop strong working relationships across functional and geographical lines.
  • Regulated role with applicable/mandatory licenses and/or qualifications.

Education

  • Bachelor's/University degree, Master's degree preferred.

Candidates applying for this role must be aware that it is a Certified Role, subject to the FCA and PRA Certification Regime.

The Certification Regime is one element of the Individual Accountability Regime which came into effect on 7 March 2016.

Under the Certification Regime, Citi UK regulated entities (Citi entities) must ensure that employees working in certain roles categorised as specified significant harm functions (Certified Roles) are assessed as fit and proper to carry out their role.

Under the guidance provided by the FCA and PRA, firms should have regard to the following when assessing fitness and propriety:

  • Honesty, integrity and reputation
  • Financial soundness
  • Competence and capability

In order to comply with the requirements of the Certification Regime, Citi entities must take reasonable care to ensure that an employee does not perform a Certified Role without first being certified as Fit and Proper. For this reason, you will be assessed for this role against the Fit and Proper requirements, as described above.

This assessment will be carried out through extensive interviews, self-disclosures, permitted criminal record checks, regulated reference checks, credit checks and other background screening check

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Job Family Group:

Private Client Product Services

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Job Family:

Investment Capital Markets

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi's EEO Policy Statement and the Know Your Rights poster.


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